Half Yearly Report/ASIC accounts

Document date:  Fri 26 Apr 2002
Published:  Fri 26 Apr 2002 10:46:19
Document No:  189561
Document part:  F
Market Flag:  Y
Classification:  Half Yearly Report , Half Year Audit Review , Half Year Directors' Statement , Half Year Accounts , Dividend Rate 

AUSTRALIA AND NEW ZEALAND BANKING GROUP       2002-04-26  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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FINANCIAL HIGHLIGHTS (CONTINUED)

ASSETS AND CAPITAL 
                                        AS AT        AS AT       MOVT
                                       MAR 02       MAR 01     MAR 02 
                                         $M           $M      V MAR 01
                                                                  %

Total assets ($M)                     176,589       180,967      -2%

Risk weighted assets ($M)             135,418       137,000      -1%

Shareholders'equity(1,2) ($M)          10,789        10,188       6%

Total advances ($M)                   142,934       140,974       1%
Specific provisions ($M)                (589)         (579)       2%
Net advances ($M)                     142,345       140,395       1%

Net tangible assets per 
ordinary share ($)                       6.14          5.71       8%
Net tangible assets attributable 
to ordinary shareholders ($M)           9,191         8,492       8%
Total number of ordinary shares (M)   1,495.7       1,486.8       1%

Capital adequacy ratio 
- Inner Tier 1                           6.8%          6.2%      n/a
- Tier 1                                 7.8%          7.3%      n/a
- Tier 2                                 3.1%          3.4%      n/a
- Total                                 10.4%         10.5%      n/a

General provision ($M)                  1,546         1,460       6%
General provision as a % of 
risk weighted assets                    1.14%         1.07%      n/a

NON-ACCRUAL LOANS ($M) 
Non-accrual loans                       1,357         1,295       5%
Specific provisions                     (524)         (568)      -8%
Net non-accrual loans                     833           727      15%

Specific provision as a % of 
total non-accrual loans                 38.6%         43.9%      n/a
Total provisions(3) as a % of 
non-accrual loans                      152.5%        156.6%      n/a
Net non-accrual loans as a % of 
net advances                             0.6%          0.5%      n/a
Net non-accrual loans as a % of 
shareholders' equity(4)                  7.7%          7.1%      n/a
OTHER INFORMATION 
Full time equivalent staff (FTE's)     22,737        22,815        -

Assets per FTE ($M)                       7.8           7.9      -1%
Market capitalisation of ordinary 
shares ($M)                            26,579        20,488      30%

1. Excludes outside equity interests 
2. Includes preference share capital of $1,410 million (Sep
200l:$1,526 million; Mar 200l:$l,526 million)
3. General provision plus specific provisions on non-accrual loans
4. Includes outside equity interests

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